Management Guidance
The research investigates the impact of management earnings guidance on market responses to earnings announcements in China, revealing that guidance increases trading volume but also raises bid-ask spreads and return volatility, especially for smaller, less visible firms.
Featured in No. 60 on 7 Aug 2024 · 2 days after release
- Released
- 5 Aug 2024
- First featured
- No. 60 · 7 Aug 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 4
- Identifier
- SSRN 4916490
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